Looking for that move to 1.30 I like the technical look, and the chance for a continuation on such moves can be quite profitable. Not risking too much pipwise, and if we break this pattern letting profits run.
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closed this position with a 10 pip loss... dont like the price action! it looks like it still has room for a push lower.
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This is really tricky, i want to be long so badly GU because i believe we will have a push for 1.30 in the nearterm. I think we have a solid higher low now in place around 1.2775 Thinking about reentering at 1.2800 and with a stop around 1.2775. But this would be of course very speculative again, we are still caught in this triangle. Lets see..